The USDCAD achieves strong gains – Analysis - 04-03-2019

Economies.com
2019-03-04 05:29AM UTC

The USDCAD pair rallied upwards strongly to breach 1.3205 level and settles near 1.3300 barrier now, which pushes the price to turn to rise, targeting visiting 1.3382 level mainly, supported by moving above the EMA50.

 

Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 1.3230 level and holding below it.

 

The expected trading range for today is between 1.3200 support and 1.3380 resistance.

The expected trend for today: Bullish

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